Case Study: Lone Star Hazmat achieves greater cost control and first-year savings with ParetoHealth

Lone Star Hazmat saves $55,000 in year one with ParetoHealth

Lone Star Hazmat, an environmental services provider, faced unpredictable annual premium increases and a lack of transparency with their traditional fully insured health plan. Without access to claims data, they were unable to identify cost drivers or take proactive steps to manage their healthcare expenses. They partnered with ParetoHealth to transition to a self-funded model using their employee benefits captive.

By joining the ParetoHealth community, Lone Star Hazmat gained real-time claims visibility and identified unmanaged chronic conditions as a primary cost driver. Utilizing ParetoHealth's Savings Engine solutions, they directed employees to high-quality, lower-cost care and medications. This resulted in first-year savings of $110,000, which included a $20,000 surgery being reduced to a $10 out-of-pocket cost for an employee and significant savings on prescriptions and rebates.

Lone Star Hazmat